The overall market in the short term is still mainly focused on oscillation and repair, but the overall bullish support is insufficient, and mainstream coins are weak in rebound. It is advisable to try buying on dips with light positions at key support levels, but do not blindly catch the falling knife; only aim for short-term rebounds, entering and exiting quickly.
It is worth noting that the continuous outflows from institutions like BlackRock indicate that the market is waiting for clearer news guidance. With weakening funds, the market needs to be treated calmly.
Summary
In a short period, mainstream coins have experienced multiple explosive trends and are now re-entering a consolidation phase. However, ETF funds have continuously weakened, and the market's risk appetite has noticeably declined.
In terms of altcoins, most are currently in the bottom range, so it is reasonable to selectively pick some older coins or those close to historical lows for initial small-scale investments. There is no need to keep waiting; time cost is also important. The continuously emphasized WCT old vine is still being held.
Final Reminder
Market volatility is increasing, so be sure to strictly set stop-losses during operations.
After making profits, promptly set a breakeven stop-loss and learn to lock in profits.
Control your position size and avoid impulsively going in heavily.
